Zhengzhou News
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China’s sugar futures fell after the government announced a purchase program that investors said would be too small to absorb oversupply in the global market.
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China Gerui Advanced Materials Group, a Chinese specialty steelmaker, said investor and former Shale- Inland Holdings LLC Chief Executive Officer Craig Bouchard will advise it on expanding in North America and around the world.
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Foxconn Technology Group, the world’s largest custom manufacturer of electronics, resumed hiring at a Chinese factory as it prepares to make a new Apple Inc. iPhone, said a person familiar with the plans.
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Standing on a street corner near Foxconn Technology Group’s plant in central China that makes iPhone 5 handsets, employee Wang Ke says he’ll quit if his wage doesn’t double.
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Zhengzhou Coal Mining Machinery Group Co. is seeking regulatory approval to sell shares in Hong Kong at more than the standard 10 percent discount to its Shanghai stock, said two people with knowledge of the matter.
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H.J. Heinz Co., the ketchup maker which agreed to be acquired in a $23 billion buyout this month, will sell its China packaged food business to Zhengzhou Sanquan Foods Co.
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Charles Li, the chief executive officer of Hong Kong Exchanges & Clearing Ltd., put on a tuxedo for the first time and stood before a crowd of 2,000 metals professionals at London’s Grosvenor House Hotel in October, capping an impromptu speech with a couple minutes of Mandarin.
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Joy Global Inc., the world’s second-largest maker of mining equipment, refuted allegations made about its International Mining Machinery Holdings Ltd. unit and said it has a “high level of comfort” in the reported results of the business it bought in China last year.
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Soybean imports by China, the biggest buyer, plunged in March from a year ago as logistical bottlenecks delayed Brazilian shipments while losses by hog farmers reduced consumption.
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The Chinese city of Zhengzhou will help Foxconn Technology Group recruit more than 100,000 workers next year for its local factory, matching the number it helped the maker of Apple Inc. iPhones and iPads hire in 2011.
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